A transit company for a small town has decided to upgrade its small bus fleet because of significant anticipated in annual operating cost. Three alternatives are under consideration for effecting the The firm=s MARR is 14%, the remaining service life of the bus fleet is 5 years, and available data are as follows: Solution 1. (B) Plan 2 is not feasible. As Present worth of plan 2 is zero. Also IRR of plan 2 is same as firm.